Spark by Hilton

Hyatt rebranded six of Playa's hotels to Hyatt flags, with Hilton losing four properties in the process, and more hotel development news.

WTTC research shows sharp drops in U.S. international visitors, with arrivals from Germany plunging 28% in concerning tourism trend.

Hilton plans to double its Indian presence, bringing Waldorf Astoria, Conrad, and LXR brands while DoubleTree remains its largest footprint.

Yet the hotel industry continues to expand globally with multiple new properties and several boutique hotel openings.

CBRE predicts steady RevPAR growth of 2.0% in 2025, driven by urban market strength, increased travel, and economic recovery.

Hilton partnered with NILE Hospitality to open 75 Hampton by Hilton hotels in India, expanding its presence in the upper-midscale segment.

The Q4 2024 Global Hotel Construction Pipeline Trend Report shows a record-high global hotel construction pipeline, led by the U.S. and China, and forecasts continued growth through 2026.

Mint House’s acquisition of Locale brings its short-term rental portfolio to 13 markets across the U.S.

In 2024, Hilton achieved 7.3% net unit growth by adding nearly 1,000 hotels and strengthening its global pipeline, while expanding its brand portfolio with new lifestyle and luxury offerings worldwide.

Global travel and tourism sector deals declined by 4.3% in 2024, with private equity deals rising, M&A deals slightly increasing, and venture financing deals dropping, while Europe saw growth and other regions faced declines.